As part of its IMF conditionality agreement, India was required ...

[Melani1276]

As part of its IMF conditionality agreement, India was required to __________.
 
  A) subsidize its export sector
  B) increase the amount of foreign currency reserves held in its central bank
  C) reorient its economy to increase domestic consumption
  D) sell off inefficient state-owned enterprises and reduce bureaucracy

Question 2

Newly industrializing countries (NICs) __________.
 
  A) are periphery states that became core states
  B) export heavy manufactured goods
  C) have achieved self-sustaining capital accumulation
  D) have raised income levels among a small elite

[medine]

Answer to Question 1

Answer: D

Answer to Question 2

Answer: C

[Melani1276]

TYSM

[parker125]

Excellent